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Deposits (Tables) | 9 Months Ended
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Sep. 30, 2024
Banking and Thrift, Other Disclosure [Abstract] |
Schedule of Deposits | The following table summarizes total deposits at September 30, 2024 and December 31, 2023.
|  | September 30, |  | December 31,
(Dollars in thousands) |  | 2024 |  | 2023
Deposits - interest-bearing |  | $ | 21,444,710 |  |  | $ | 21,651,657 |
Deposits - non-interest-bearing |  | 747 |  |  | 1,531 |
Total deposits |  | $ | 21,445,457 |  |  | $ | 21,653,188 |
Schedule of Interest Bearing Deposits | Interest bearing deposits at September 30, 2024 and December 31, 2023 are summarized as follows:
|  | September 30, 2024 |  | December 31, 2023
(Dollars in thousands) |  | Amount |  | Qtr.-End Weighted Average Stated Rate(1) |  | Amount |  | Year-End Weighted Average Stated Rate(1)
Money market |  | $ | 9,499,233 |  |  | 4.66 | % |  | $ | 10,258,292 |  |  | 4.85 | %
Savings |  | 985,036 |  |  | 4.32 |  |  | 945,000 |  |  | 4.35 |
Certificates of deposit |  | 10,960,441 |  |  | 4.17 |  |  | 10,448,365 |  |  | 3.69 |
Deposits - interest bearing |  | $ | 21,444,710 |  |  |  |  | $ | 21,651,657 |  |  |
(1) Includes the effect of interest rate swaps in effective hedge relationships.
Schedule of Certificates of Deposit Maturities | Certificates of deposit remaining maturities are summarized as follows:
(Dollars in thousands) |  | September 30, 2024 |  | December 31, 2023
One year or less |  | $ | 6,018,238 |  |  | $ | 3,937,766 |
After one year to two years |  | 3,318,933 |  |  | 4,112,902 |
After two years to three years |  | 712,443 |  |  | 1,881,371 |
After three years to four years |  | 258,183 |  |  | 327,295 |
After four years to five years |  | 652,413 |  |  | 188,802 |
After five years |  | 231 |  |  | 229 |
Total |  | $ | 10,960,441 |  |  | $ | 10,448,365 |

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